Suburb Profile Report for Runcorn QLD (4113)

Runcorn House: Median price $617,000, Annual capital growth 3.88%, Number of sales 138, Weekly median advertised rent $430

Runcorn Unit: Median price $340,000, Annual capital growth 0.45%, Number of sales 109, Weekly median advertised rent $395

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Property investors who have had real estate in Runcorn, 4113 should be ok with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 11.07%

Comparing Runcorn,4113 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Runcorn, 4113. Typically our figures indicate that -4.95% is being offered, which puts this QLD suburb at 851th most discounted overall in Australia.

Using the current median advertised rental of $430 and the average annual increase in value of a median property of 3.88%, investors should hope to achieve an overall return of 3.62%

With a capital gain of 3.03% for the last 12 months, Runcorn, 4113 has performed for property investments than its average annual 0.45% property growth over the last 5 years.

Runcorn,4113 has offered an average of 3.03% return per annum in house price rises to property investors over the last three years.

LACK OF BUYER INTEREST may well be the reason that Runcorn is offering property investors an average of -4.64. This rate of discount on properties puts Suburb at number 144th in terms of most discounted suburbs in QLD

Using the current median advertised rental of $395 and the average annual increase in value of a median property of 0.45%, investors should hope to achieve an overall return of 6.04%

Metrics i HOUSE UNIT
$617,000 $340,000
8.44% 3.03%
11.07% 3.03%
3.88% 0.45%
$430 $395
138 109
3.62% 6.04%
42.0116279069767 45.3623188405797

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Very good (U), Good (H)
Find a mortgage broker in Runcorn QLD
Demographics
Total population 14074
Median household income ($/weekly) 1341
Median age of persons 31
Median housing loan repayment ($/monthly) 1733
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 1707 12.1
    20-24 years 1549 11.0
    25-34 years 2715 19.3
    35-44 years 2046 14.5
    45-54 years 1773 12.6
    Others 4284 30.4
    Age Group
    Census Count Percent(%)
    Registered Married 5219 48.2
    Not Married 4836 44.6
    Defacto Relationship 777 7.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 6394 47.2
    Croatia 1289 9.5
    Indonesia 667 4.9
    Papua New Guinea 561 4.1
    Other 1544 11.4
    Others 3091 22.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 1066 8.1
    Christianity 7113 54.3
    Islam 738 5.6
    Other Religious Groups 464 3.5
    No Religion 3318 25.3
    Others 393 3.0
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 388 9.1
    $1,000-$1,249 462 10.8
    $1,250-$1,499 408 9.5
    $1,500-$1,999 649 15.2
    $2,000-$2,499 490 11.4
    Others 1883 44.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 4279 39.0
    Not in the labour force 3489 31.8
    Employed, worked part-time 2253 20.5
    Unemployed, looking for work 545 5.0
    Employed, away from work 418 3.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 1591 22.9
    Technicians & trades workers 940 13.5
    Clerical & administrative workers 1112 16.0
    Sales 680 9.8
    Labourers 707 10.2
    Others 1913 27.6
    Occupation
    Census Count Percent(%)
    Infants/Primary 1109 27.6
    Secondary 812 20.2
    Technical or Further Educational Institution 482 12.0
    University or other Tertiary Institutions 1248 31.1
    Other type of educational institution 209 5.2
    Others 151 3.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 10845 79.4
    Semi-detached, row or terrace house, townhouse 2791 20.4
    Flat, unit or apartment 16 0.1
    House or flat attached to a shop, office 5 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1709 37.1
    Rented 1698 36.9
    Fully owned 1188 25.8
    Other tenure type 11 0.2
    Tenure Type
Census 2011, ABS
Chart Table